It's hard to be disappointed about quarterly revenues of $15.42bn – unless you're Google, that is, and the analysts expected you to bring in even more.
The online ad-slinger underperformed in both revenue and earnings per share during the first quarter of its fiscal 2014, based on the average estimate gathered by Yahoo! Finance …

Networking giant Cisco has reported weak results in line with its own muted expectations as it continues to face difficulties in emerging markets.
The technology bellwether reported a net income of $2.5bn on Wednesday, representing an earnings per share of $0.47 on sales of $11.16bn for its fiscal second quarter, which beat …

Intel has posted its financial results for its first quarter of fiscal 2014 that were either marginally lower or higher than analysts' estimates, depending upon which analysts you trust.
Chipzilla reported revenues of $12.8bn for the quarter, with net income of $1.9bn and the all-important earnings per share (EPS) coming in at $ …

E-retail giant and cloudy king Amazon narrowly exceeded Wall Street expectations on Thursday, causing the stock to inch up in after-hours trading.
The company reported earnings per share of $0.23 and net sales of $19.74bn for its first quarter of 2014, exceeding analyst expectations, compared with EPS of .018 per share and net …

Citrix issued a profit warning last night when rolling out preliminary financial data for calendar Q2, sending its share price crashing by 12 per cent.
The mobility, desktop and virtualisation vendor said earnings per share (EPS) were estimated to be in the $0.39 to $0.40 cent range, compared to its previous guidance of $0.41 to …

IBM has never admitted that it has been trying to sell its System x and BladeCenter server business to Chinese PC and system maker Lenovo, which also took its venerable and usually unprofitable PC business over at the end of 2004.
But in a conference call with Wall Street analysts going over Big Blue's second quarter financial …

Just how off were Microsoft's sales projections for its ARM-powered Surface RT fondleslabs? Try $900m off.
That's how much Redmond wrote down in inventory adjustments in its disappointing fourth quarter and fiscal 2013 earnings report on Thursday, which saw the software giant miss analyst estimates by a significant margin. …

Adobe has reported better-than-expected earnings for the first quarter of 2015 ahead of what it called are strong financial figures.
The Silicon Valley stalwart reported haul of $1.11bn in revenues and earnings per share of $0.44, well ahead of analysts' $0.39 estimates. Over the quarter customers downloaded 30m apps and piled …

Apple – unlike its tech-industry compatriots Microsoft, Google, Intel, BlackBerry, and über-rival Samsung – surprised most Wall Street moneymen by turning in slightly better than expected numbers for its third fiscal quarter of 2013, reporting revenues of $35.3bn, net income of $6.9bn, and the all-important earnings per share ( …

Apple reported revenues in its fourth fiscal quarter that topped the Wall Street moneymen's predictions – but only barely. Its earnings per share, however, came in lower than most predictions.
Cupertino posted quarterly revenue of $36bn, which resulted in a quarterly earnings-per-share (EPS) of $8.67.
According to the 47 …

Apple blew past even the most optimistic Wall Street earnings estimates for the first quarter of its fiscal 2012, posting revenues of $46.33bn, resulting in a quarterly net profit of $13.06bn, or $13.87 per share.
"We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," said CEO Tim …

Australia's dominant telco, Telstra, has posted sterling half-year results.
Income for the period to December 31st, 2014, was up 1.6 per cent to AUD$13.0 billion and earnings per share increased 23.4 per cent to 16.9 cents.
Speaking of those shares, they're now at around $6.50 apiece, a price not seen since the early 2000s when …

Apple released its earnings report for the third quarter of its 2012 fiscal year, and its numbers came in well below most Wall Street moneymen's projections – largely, it seems, on a steep quarter-to-quarter drop in iPhone sales.
Shares in after-hours trading took an immediate hit, down from just over $600 per share before the …

IBM said it reckoned on earnings per share of $15.75-16.50 for this year, when it announced its fourth quarter earnings on Tuesday.
2015 was supposed to be a golden year for IBM, where it would hit the $20 EPS goal under the five-year plan of former chief executive Sam Palmisano.
Software was to be the engine of that 2015 plan …

On the day that the Dow notched its first triple-digit gain in over a month, Intel joined the party – well, in a minor way, to be sure – by beating Wall Street's lowered expectations for its most-recent quarter.
The company reported quarterly revenue of $13.5bn, net income of $3bn, and earnings per share of 58¢. While those …

IBMers that take voluntary redundancy ahead of a High Court ruling on the firm’s pension scheme will still benefit from any remedies set out should they leave, according to an internal document.
Staffers who were refused salary increases because they railed against changes to pensions were told they are able to claim damages in …

Microsoft cheered its investors Thursday when it announced better-than-expected revenues and earnings for the first quarter of its fiscal 2011.
The always-important consensus of the Wall Street moneymen was that Redmond would report revenue of $15.8bn and earnings of $0.55 per share. Microsoft beat those numbers with revenue of …

Apple chief exec Tim Cook has said his company's smartwatch won't go on sale until April – not that he's too fussed about the delay, given Apple has banked $18 BILLION in profit since October.
Speaking during the iPhone giant's quarterly earnings call, Cook narrowed down the date, pushing the boundaries of the "early 2015" …

Lufthansa has announced that it’s about to sell off its IT infrastructure division to IBM and rent IT services from Big Blue in an outsourcing partnership.
The German airline has been restructuring itself in an effort to cut costs and said earlier this year that it was looking for a buyer for its IT biz so it could better …

Think of HP, and what comes to mind? Business critical systems? Printers? Software? Lord no – it's laptops and bog-standard servers ruling the company's roost right now.
The tech titan reported on Wednesday [PDF] that in the three months to July 31, it booked $27.6bn in net revenue, an increase of one per cent, year on year. Net …

A five year slump is over and high-end SAN maker Dot Hill is back after posting monster fourth-quarter revenues. Full year revenues still have a way to go, though, before the firm beats its 2010 high point.
$69.1m was the revenue number for the fourth 2014 quarter, 17.5 per cent up on the $58.8m recorded a year ago, and 5.6 per …

At this rate, in about 25 years IBM will be a privately held company.
IBM's board of directors, which is always ready to let Big Blue's upper management go down to the New York Stock Exchange with dump trucks full of cash to buy up shares to retire them, has done it again. The board has authorized another $7bn in share buybacks …

IBM employees who were refused salary increases because they would not agree to changes to the company's pension scheme are entitled to claim damages, the High Court has ruled.
The judgment set out the remedies available to employees in relation to "Project Waltz". The project was implemented in 2009 to help the company meet its …

Apple has enough sapphire glass within its grasp for two models of the iPhone 6, if one was to appear, as well as the semi-mythical iWatch, an independent analyst has claimed.
Matt Margolis, of Wall Street Forensics, has scoped out GT Advanced Technologies, the firm tasked with operating Apple's sapphire factory in Mesa, Arizona …

British chip design firm ARM Holdings painted a rosy picture of its future growth on Tuesday, but it missed analysts' revenue expectations for the third quarter of its fiscal 2014, reigniting old fears that slowing smartphone growth will hurt the firm's long-term profitability – even though it's looking just fine in the near …

Lenovo, the world’s largest maker of PCs, saw its profits leap 24 per cent this spring.
The China-based manufacturer reported first-quarter profits of $211m, compared to $170m for the year before.
That was from revenue that jumped 18 per cent to £10.39bn. Earnings per share for the giant were up, from $1.65 to $2.03 for the …

IBM revenues have overall declined, year on year, for the ninth quarter in a row as the company struggles to adjust to a cruel world increasingly led by lower-cost competitors.
The venerable tech company reported second quarter of 2014 financials on Thursday. Revenues for the period were $24.4bn, down two per cent on the $24. …

Peak tablet
In case you'd forgotten that Apple is making money hand over fist, the company announced on Monday yet another record financial quarter – thanks to its iPhones and Macs, but no thanks to its iPads.
The House that Steve Built said the fourth quarter of its 2014 financial year – ending September 27 – was its best ever Q4, as Mac …

IBM CEO Ginni Rometty is instigating the biggest global re-org in the history of the corporation in a bid to carve out a clearer future in a cloudy world.
Multiple sources told us senior managers were this week informed about the changes that will see IBM try to shed the dusty hardware, software and services silo structure.
The …

Oracle is claiming a $9.3bn haul of revenues, up 4 per cent year-on-year, in its third quarter of fiscal 2014 – but that fell short of Wall Street analyst earnings expectations.
The company said that on the quarter it saw GAAP earnings per share of $.56, up 8 per cent and just short of the projected 10 per cent increase. Overall …

Delayed IT projects and offloading the SAP business have dealt Software AG’s business a double blow for its latest quarter.
Germany’s other major software maker today reported a second-quarter revenue drop of 18 per cent to €196m ($263.9m) and net income halved to €14.2m ($19.1m).
Earnings per share was also almost halved to €0 …

When Rackspace's chief executive Lanham Napier shocked analysts with his resignation last quarter, things looked bad for the company. But its latest financial results indicate that the company has weathered the transition.
Napier's outgoing comments that the company's numbers looked "pretty darn formidable" have been borne out …

Yahoo! is living in hope of a financial resurgence as the company logged a rare uptick in revenues.
The Purple Palace said its third-quarter GAAP revenues rose one per cent over the same period last year to $1.148bn, up from $1.139bn in 2013. This marks the first time in seven quarters the firm was able to increase GAAP revenues …

Cisco chief John Chambers' total direct remuneration package slumped 65 per cent in fiscal 2011 to a mere $6.625m (£4.14m), according to an SEC filing.
Clearly the time has come for the Chambers' household to switch to the value range in supermarkets, holiday at home and downgrade the family fleet of cars.
The long-serving exec …

Execs at IBM are expected to go open kimono tonight about the company-wide re-organisation dreamt up by harassed CEO Ginni Rometty, according to company insiders and channel partners.
Just as some of us in Blighty will be getting ready for bed or – god forbid – watching Celebrity Big Brother, Armonk-based IBM will be lifting the …

ARM Holdings has dodged the impact of slowing device sales with 41 customers signing new deals to license its chip technology.
The company Tuesday announced a nine-per-cent jump in second-quarter profit to £68m on revenue that climbed seventeen per cent to £187.1m. Earnings per share increased 11 per cent to £3.91.
But …

Salesforce shares stumbled down 1.5 percent on Monday after the customer relationship management company reported third quarter revenues that narrowly beat analyst expectations.
The company booked sales of $1.072bn, with a billion coming from its core businesses, and $72m from other assets such as platform-as-a-service cloud …

HP has handed in a tepid set of financial results with a surprise note saying it expects to lay off even more employees, as the company trudges down an unknown path into a new IT world.
The company reported revenue of $27.3bn and earnings per share of $0.88 on Thursday, meeting analyst earnings expectations but narrowly missing …

Salesforce is in the fortunate business where it can simply raise its cloud-coated hand in the air and a fraction of the trillions of dollar bills being blown around the global economy will stick to it.
At least, that was the message on the enterprise software-as-a-service company's first quarter earnings call for its fiscal …

With all bets placed behind software and services, IBM needs to quickly re-tune its route to customers to get the right suppliers on board and the revenue dial moving in the right direction again.
The grand lady of tech is challenged on multiple fronts; the System x volume hardware business is transferring to Lenovo along with …

IBM's attempt to offload its chipmaking business to GlobalFoundries saw it dangle a billion dollars in front of the putative purchaser, but that offer was rejected as inadequate.
So says Bloomberg, quoting a “person familiar” with the failed deal.
IBM's chippery chaps make fine product, but not so fine or in sufficient volumes …

Microsoft reported flat revenues and shrinking profits for the third quarter of its fiscal 2014, but that was still better news than the analysts were expecting to hear.
On average, the Wall Street wizards polled by Yahoo! Finance were betting Redmond would take in revenues of $20.39bn for the three months ending March 31, with …

BT reported a 5 per cent decline in revenues for its first quarter ended 30 June, while pre-tax profit climbed 20 per cent.
It saw total sales of £4.76bn in Q1, compared with £5bn in the same period in 2010. Adjusted profit before tax jumped to £533m from £466m a year earlier.
Earnings per share rose from 4.4 pence to 5.2 pence …

VMware has proven once again that there's a lot of money still to be made from killing traditional data center hardware and resurrecting it as a set of software services hovering atop dumb boxes.
The virtualization giant, whose business revolves around letting businesses wring greater capacity and intelligence out of under- …

IBM is rumored to have retained Goldman Sachs to help it put a price on its semiconductor division.
The news was reported by the Financial Times on Thursday afternoon, California time, and follows IBM's long-expected announcement of the sale of its server division to Asian electronics giant Lenovo.
At the time of writing …

IBM's earnings for the first quarter of the year show that the company's hardware division has turned into a leech sapping Big Blue's profits.
IBM's total revenues for the quarter were $22.5bn, down four per cent on an annual basis and earnings-per-share are $2.54. This represented the eight consecutive quarter of declining …

IBM reported fourth-quarter earnings that were a mixed bag on Tuesday, with hardware remaining the chief thorn in Big Blue's side – as has been the case throughout its fiscal 2013.
Total revenues shrank for both the quarter and the year, with Q4 sales down 5.5 per cent to $27.7bn and annual sales down 4.6 per cent to $99.8bn. …

AMD execs are remaining optimistic despite emerging from a quarter in which the company made an eight-figure net loss and fell short of analyst estimates.
In Q2 2014, ending June 29, the chipmaker bagged $1.44bn in revenue, up 24 per cent year on year. However, it recorded a GAAP net loss of $36m for the quarter, down from the $ …

Yahoo! execs are disappointed but optimistic as the web biz was once again unable to turn around declining revenues in its most recent quarter.
The Purple Palace reported revenues of $1.08bn, down four per cent from the previous year's quarter and below analyst estimates. Earnings per share were up five per cent to $0.37, but …